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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (45333)11/8/2011 10:20:55 PM
From: Spekulatius2 Recommendations  Respond to of 78517
 
>>S&P Capital IQ and Citi both downgrade ALU to sell. The former slashes its price target to EUR1 from EUR2.50 while Citi goes to $1.38 from $5.79<<

Interesting that Citi's price target are precise to the 2nd digit in particular since they revised them down by 80% after a earnings release.

Based on their track record, they should rather give a price target with a reasonable margin of error, like 1-5 Euro. LOL.



To: Sergio H who wrote (45333)11/9/2011 8:27:02 AM
From: Madharry  Respond to of 78517
 
I feel pretty bad about this company. Lucent was one of the greatest R&D companies ever. Its decline was presided over by ceo pat russo who i think is a recent addition to the board of Hewlett Packard. I will never understand why people who seemingly failed miserably at their last jobs are so easily able to engorge themselves at the investor trough.


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